Cook Illinois Agreement Between Sales Representative and Magazine to Sell Advertising is a legal document that outlines the terms and conditions between a sales representative and a magazine related to the sale of advertising space. This agreement is specifically designed for Cook County, Illinois, and can be customized to suit the requirements of different parties involved. The agreement includes various sections that cover important aspects of the advertising sales process. It provides a comprehensive understanding of the responsibilities and obligations of both the sales representative and the magazine. Some key sections typically included in this agreement are: 1. Parties involved: Clearly identifies the parties entering into the agreement, namely the sales representative and the magazine. 2. Appointment of the sales representative: Describes the appointment of the sales representative as an authorized agent of the magazine for advertising sales within the Cook County, Illinois area. 3. Sales targets and quotas: Specifies the sales targets and quotas the sales representative is expected to meet within a defined period. This section may also outline any commission or incentive structure tied to achieving these targets. 4. Advertising rates and terms: Details the pricing structure for different types of advertising space offered by the magazine. It includes information such as rates per page, placement options, duration of ads, and any special terms or discounts applicable. 5. Commission and payment terms: Outlines the commission structure for the sales representative along with the payment terms, including how and when commissions will be calculated and disbursed. 6. Obligations of the sales representative: Defines the duties and responsibilities of the sales representative, including actively promoting and selling advertising space, maintaining client relationships, providing regular sales reports, and adhering to ethical business practices. 7. Obligations of the magazine: Specifies the obligations of the magazine, which may include providing necessary sales materials, supporting the sales representative in their efforts, and addressing any customer service or technical issues related to advertising. 8. Non-compete and confidentiality: Includes provisions related to non-compete clauses, ensuring that the sales representative cannot engage in similar advertising sales for competitors during the agreement period. It also covers confidentiality requirements to protect sensitive information. 9. Termination clause: Outlines the conditions under which either party can terminate the agreement, including any notice period and any repercussions for breach of contract. 10. Governing law and jurisdiction: Specifies that the agreement is governed by the laws of Cook County, Illinois, and any disputes will be resolved within the jurisdiction of the county. Some variations of the Cook Illinois Agreement Between Sales Representative and Magazine to Sell Advertising may exist depending on factors such as the duration of the agreement, the scope of sales territory, or additional clauses tailored to specific needs. It is advisable for both parties to carefully review and seek legal advice before entering into such an agreement to ensure clarity and alignment of expectations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.